2023 Relocation Market: Canada Vs Australia

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Moving to a new country can be exciting, but it can also be overwhelming, especially if you’re not sure where to go. If you are thinking of moving to a new country in 2023, but can’t decide whether Canada or Australia is the better choice? In this article, we’ll help you understand the 2023 relocation market and compare the pros and cons of these two popular destinations, so you can make an informed decision. Keep reading to learn everything you need to know to choose the perfect place to move to in 2023!

Canada Vs Australia Demography

Canada and Australia are two countries with vastly different populations. Canada has a population of approximately 38 million people, while Australia has a population of around 26 million people. However, the population density in Canada is much lower than in Australia, with an average of just four people per square kilometer in Canada compared to Australia’s 3.3 people per square kilometer.

When it comes to life expectancy, both Canada and Australia have high life expectancies, with Canadians living on average 83 years and Australians 83.9 years. The average age of the population is also similar, with Canadians having an average age of 41 years, and Australians having an average age of 38 years.

A younger population is generally a good thing because it means a younger workforce and a lower aging population, which can be detrimental to the economy and healthcare system. As a result, Australia wins this round.

Canada Vs Australia Geography

Canada and Australia are two countries with vastly different geographical features. According to Worldometers, Canada is the second-largest country in the world, with a land area of approximately 9.98 million square kilometers, while Australia is the sixth-largest country in the world, with a land area of approximately 7.62 million square kilometers.

Both countries have significant forest areas, with Canada having the third-largest forest area in the world, covering approximately 347 million hectares, while Australia has a forest area of approximately 149 million hectares.

When it comes to the coastline, Australia has a longer coastline than Canada, with a coastline stretching over 35,000 kilometers, while Canada’s coastline is approximately 202,080 kilometers long.

Canada Vs Australia Economy

Canada and Australia are both developed countries with advanced economies. According to the International Monetary Fund (IMF), Canada has the world’s eleventh-largest economy by nominal GDP, while Australia has the world’s fourteenth-largest economy.

Canada has a diversified economy, with its largest sectors being services, manufacturing, and natural resources, including oil and gas. Australia, on the other hand, has a more specialized economy, with its largest sectors being mining, construction, and healthcare.

In terms of economic freedom, both Canada and Australia rank highly, with Canada ranking fifteenth in the world and Australia ranking twelve, according to the Heritage Foundation’s 2022 Index of Economic Freedom.

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Canada Vs Australia Statistics

Canada and Australia are both desirable destinations for people looking to relocate. When it comes to living costs, Canada is considered more affordable than Australia. According to Numbeo, the cost of living in Canada is approximately 4% lower than in Australia.

In terms of employment opportunities, both Canada and Australia have strong job markets. As of January 2023, Canada’s unemployment rate was 5%, while Australia’s unemployment rate was 3.7% according to Trading Economics, 2023.

Both countries offer unique lifestyles and cultures. Canada is known for its multiculturalism, with a diverse population and a range of outdoor activities, including skiing and hiking. Australia, on the other hand, is known for its laid-back lifestyle, beautiful beaches, and diverse wildlife.

Conclusion

In summary, Canada and Australia are both great countries to consider for a move in 2023. However, they have their own unique pros and cons, and the best choice for you will depend on your individual preferences and priorities. By considering living costs, job prospects, lifestyle, and culture, you can make an informed decision and find the perfect place to call home in 2023.

Read additional articles on japacorner.com.

Otote Omoyemwen
Otote Omoyemwenhttps://japacorner.com
Omoyemwen is an education policy analyst keen on sharing international scholarships, career openings, and migration opportunities for students globally. She has served as a teacher where she simultaneously imparts knowledge and pushes for better academic policies for her students.

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